NEW DEVELOPMENT: Opposite attract

January 19th 2011

Brokers Weekly

By Staff

555 Lenox Avenue, just off 138th Street in West Harlem, has sold nearly three-quarters of its condos. Remaining units in the five-story pre-war elevator building range from 881 s/f two-bedroom- to 1,425 s/f three-bedroom homes.

“This distinct project has been designed to meet peoples’ needs and desires at accessible rates, ” said exclusive broker, Charlie Lewis, senior managing director, Warburg Realty. ” Every one of the apartments is the total opposite of cookie-cutter, and offers unique advantage that resonate with buyers.”

Asking prices for two-bedroom apartments start at $450,000. The building qualifies for FHA-approved loans and carries a 15-year J-51 tax abatement.